🚀 $ARB
LONG SETUP 🚀
ARB dropped from $0.21097 to $0.15996, then recovered in a steady climb and has pushed back above its 99 MA with a series of higher lows. Price is now at $0.19493, up almost 6% on the day, and is consolidating just under the recent high with the MAs stacked bullishly below. I’m watching for a long on a pullback into the 7 MA and 25 MA support zone, not chasing the current candle. 📈
Entry: $0.18900 – $0.19200
TP1: $0.19800
TP2: $0.20400
TP3: $0.21000
SL: $0.18450
🔺 Why ARB is on watch:
Price ($0.19493) is sitting above the 7 MA ($0.19399), the 25 MA ($0.18891) and the 99 MA ($0.18295), with the 7 and 25 MA sloping up and the 99 MA flattening and starting to curl higher beneath them The structure shows higher lows since the $0.15996 bottom, and the recent push to about $0.200 was followed by a shallow pullback that held above the 7 MA, so the trend looks like a steady recovery with buyers defending dips The climb has come with a gradual pickup in green volume, while the latest red candles are on lighter volume, a sign sellers are not pressing hard The $0.18900 to $0.19200 area is the first support, where the 25 MA sits, with the $0.18295 99 MA as the next demand zone. A 1H close above $0.20000 would confirm buyers are in control and open the way toward the $0.21097 high
⚠️ Price is already up almost 6% on the day and close to recent highs, so wait for a pullback into the entry zone rather than buying into resistance. The $0.21097 peak is a major overhead supply area. A 1H close under $0.18450 would invalidate the setup. Respect the stop and don’t chase if price doesn’t reach the entry zone.
Not financial advice. DYOR.
🔔 Follow CoinDispatch for more daily trade setups and market updates!
LONG SETUP 🚀
ARB dropped from $0.21097 to $0.15996, then recovered in a steady climb and has pushed back above its 99 MA with a series of higher lows. Price is now at $0.19493, up almost 6% on the day, and is consolidating just under the recent high with the MAs stacked bullishly below. I’m watching for a long on a pullback into the 7 MA and 25 MA support zone, not chasing the current candle. 📈
Entry: $0.18900 – $0.19200
TP1: $0.19800
TP2: $0.20400
TP3: $0.21000
SL: $0.18450
🔺 Why ARB is on watch:
Price ($0.19493) is sitting above the 7 MA ($0.19399), the 25 MA ($0.18891) and the 99 MA ($0.18295), with the 7 and 25 MA sloping up and the 99 MA flattening and starting to curl higher beneath them The structure shows higher lows since the $0.15996 bottom, and the recent push to about $0.200 was followed by a shallow pullback that held above the 7 MA, so the trend looks like a steady recovery with buyers defending dips The climb has come with a gradual pickup in green volume, while the latest red candles are on lighter volume, a sign sellers are not pressing hard The $0.18900 to $0.19200 area is the first support, where the 25 MA sits, with the $0.18295 99 MA as the next demand zone. A 1H close above $0.20000 would confirm buyers are in control and open the way toward the $0.21097 high
⚠️ Price is already up almost 6% on the day and close to recent highs, so wait for a pullback into the entry zone rather than buying into resistance. The $0.21097 peak is a major overhead supply area. A 1H close under $0.18450 would invalidate the setup. Respect the stop and don’t chase if price doesn’t reach the entry zone.
Not financial advice. DYOR.
🔔 Follow CoinDispatch for more daily trade setups and market updates!